Tellor TRB - Oracle review/discussion

Hello. I saw in some lives that Ivan doesn’t trust Tellor’s PoW security due to the nature of PoW and the natural incentives. But the consensus mechanism is not just PoW, but a hybrid PoW + PoS mechanism. I analyzed Tellor’s consensus process and I was excited about what I saw, I recommend reading the whitepaper (it is very objective). In general 5 data (prices) are mined by different miners (in each period) and only the average value is submitted to blockchain. In addition, this value can be disputed by the community for 24 hours, so if any value is challenged the miner may lose the stake (to mine every miner is required to stake the token) to the person who opened the dispute.

2 Likes